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Shaanxi Yanchang Petroleum Group

Shaanxi Yanchang Petroleum Group is a state-owned integrated oil and gas company headquartered in China. In 2019, it had USD 1.05 billion in revenue and 101,126 employees*. Yanchang Petroleum is engaged in the exploration, production, transportation, and sale of petroleum and natural gas. There is no evidence to suggest the company is strategically preparing for the low-carbon transition.

Ranking position
#90/100
Total score
1.0/100
Performance score
0.4/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

0.8 /100 #77

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55

Management

2.8 /100 #85

Supplier Engagement

12.5 /100 #33

Client Engagement

5.0 /100 #39

Policy Engagement

10.0 /100 #69

Business Model

0.0 /100 #52

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Yanchang Petroleum receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Based on the company’s fuel and product mix performance, it is projected that its scope 1 and 2 and its scope 1, 2 and 3 emissions intensities will diverge further from its 1.5°C pathway. The company does not have any emissions reduction targets in place to reverse these trends. The company has committed to developing CCUS capacity by 2020 and has piloted a coal-to-ethanol project. Aside from this, there is no evidence to suggest the company is strategically preparing for the low-carbon transition.

Progress towards the Paris Agreement

More about the company

Headquarters
Xi'an, China
Group revenue
(2019) HKD 8.20 billion (USD 1.05 billion)
Ownership structure
State owned
Number of employees
101,126
Scope of activity
Integrated
Website
http://www.yanchanginternational.com/en/index.php